Weekly Market Report

Weekly Market Turnover:

The total market turnover for the week increased by 70.34%, reached at TZS 8.61 billion compared to the previous week's figure of TZS 5.06 billion.

Weekly Top Movers:

TBL was the top mover of the market on the week under review, contributing about 65.97% of the total market turnover. Other top movers were CRDB, NMB, TCCL, NICO and TPCC

Weekly Market Participation:

Local investors dominated the purchase side by around 94% and the sales side by 59.94%. While foreign investors dominated the sales side by 40.06% and purchase side by 5.86%, leading to the decrease of the net foreign cash outflow of TZS 2.95 billion.

Market Capitalization:

Total market capitalization exhibits a increase of 1.11% equivalent to TZS 19,367.02 billion. On the other side, Domestic market capitalization experienced a slight increase by 0.41% equivalent to TZS 12,817.39 billion.

Weekyl Gainer & Losers:

Maendeleo Bank Plc, CRDB and AFRIPRISE were the stock gainers, their prices increased by 3.03%, 2.7% and 2.33% to TZS 340, TZS 760 and TZS 220 respectively. While DSE and DCB were the stock losers in the market, their prices decreased by 0.85% and 3.7% to TZS 2320 and TZS 130 respectively.

Fixed Income Market:

The fixed-income market observed bond trading with a face value totaling TZS 170.9130 billion. The total turnover value for these bonds amounted to TZS 163.5724 billion, encompassing 81 deals. The traded bonds included were 7-, 10-, 15-, 20- and 25-year government bonds and NMB and CRDB Corporate bonds.
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